BELLEVUE, Wash. -- Quality Food Centers here said store acquisitions and an extended fiscal year boosted sales and earnings for the fourth quarter and year ended Dec. 31. net earnings for the 45-store chain were $26.4 million, or $1.34 per share, a 1.5% gain over last year. Sales for the quarter increased 17.5% to $192.2 million. For the year, sales rose 11.1% to $575.9 million. Same-store sales rose 0.08% for the quarter, but fell 0.5% for the year. QFC attributed the drop to food price ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.